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Think TFS have breached my guarantor loan contract

24

Comments

  • chojinfire
    chojinfire Posts: 11 Forumite
    Thanks for all the replies guys. It seems to be as I feared. I figured if anyone knew it would be people on MSE!

    Going to sort out paying the loan off and getting the process started for going to the small claims to get it back from the debtor I think.

    Thanks again!
  • DCFC79
    DCFC79 Posts: 40,649 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Good luck with getting the money back.
  • blacksta
    blacksta Posts: 919 Forumite
    vax2002 wrote: »
    You will be taken to court where a ccj will be issued for the full amount of the loan and costs, bailiffs will then be instructed to collect it by selling your goods.
    Thats life !


    It is not your "mates" loan, it is YOUR loan, they just paid the mate the cash.

    Classic statement
    I owe £3233 @ 0%
  • chojinfire
    chojinfire Posts: 11 Forumite
    DCFC79 wrote: »
    Good luck with getting the money back.

    Thanks, I don't fancy my chances much, but I've got to try!
    I can't quite warrant writing off thousands of pounds for a bad judgement call...
  • ILW
    ILW Posts: 18,333 Forumite
    What has "mate" got to say for himself?
  • chojinfire
    chojinfire Posts: 11 Forumite
    ILW wrote: »
    What has "mate" got to say for himself?

    He is suddenly unreachable... It annoys me, because he was paying the monthly DD's for over a year and I know that he's got assets he could sell.
    So he really is just stitching me up because we fell out... quality bloke
  • DCFC79
    DCFC79 Posts: 40,649 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 26 May 2012 at 4:17PM
    chojinfire wrote: »
    He is suddenly unreachable... It annoys me, because he was paying the monthly DD's for over a year and I know that he's got assets he could sell.
    So he really is just stitching me up because we fell out... quality bloke

    What a coincidence.

    I take it you have asked his friends if they know anything.
  • chojinfire
    chojinfire Posts: 11 Forumite
    DCFC79 wrote: »
    What a coincidence.

    I take it you have asked his friends if tey know anything.

    I've tried to get hold of him in every way I know. We didn't have any mutual friends either.
    I'm fighting a losing battle but fight it I will!
  • mynameistallulah
    mynameistallulah Posts: 2,238 Forumite
    chojinfire wrote: »
    I've tried to get hold of him in every way I know. We didn't have any mutual friends either.
    I'm fighting a losing battle but fight it I will!

    Does he work? If so, a polite phone call to his boss explaining that you are unable to contact him and why you need to, could get a prompt response! ;)
  • chojinfire
    chojinfire Posts: 11 Forumite
    mynameistallulah wrote: »
    Does he work? If so, a polite phone call to his boss explaining that you are unable to contact him and why you need to, could get a prompt response! ;)

    Hmm, he does. Hadn't thought of that! Thanks :)
This discussion has been closed.
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